Word: andhra
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...falsifying the company's profits. But that same day, Raju surrendered to state police and once he was in custody, SEBI investigators couldn't touch him without a court order. (Rama Raju and Vadlamani were also later arrested.) SEBI's petitions to question the accused were denied by two Andhra Pradesh courts, forcing regulators to take their case to the Supreme Court...
...just Mumbai. Among the 185 dead were visitors and expats from Israel, Singapore, the U.S. and Britain, and those who had come seeking work in India's most exciting place from all over the country: a software engineer from Bihar, a hotel manager from Manipur, a lawyer from Andhra Pradesh...
...also joining the effort to support community health workers. Mobile-phone giant Ericsson is empowering these workers with phones and support systems for training, reporting vital statistics and calling ambulances, among other services. In India, Satyam Computer Services and other organizations have partnered with the state government of Andhra Pradesh to provide emergency-response coverage for 80 million people. The Gates Foundation is similarly stepping up its programs of mobile-phone-based health delivery...
That would seem to be a fantastic turn of events, transforming microfinance institutions into more sophisticated operations that can reach millions more people. In the dusty Indian village of Veeravelly, in the state of Andhra Pradesh, for example, loans from SKS Microfinance have led to a spate of small businesses and, in turn, money for onetime luxuries like refrigerators and solid roofs. A more competitive, more developed industry means lower loan rates and new services like savings accounts, mortgages and insurance. "Clients are coming into our offices and saying, 'O.K., if I go to another microfinance institution...
...factory in March. In the state of Orissa on India's east coast, South Korean steel giant Posco plans to construct a $12 billion mill. SemIndia, a company formed by chip-industry executives, will break ground in June on a $3 billion semiconductor factory in the southern state of Andhra Pradesh. Others are coming around, too. Dell Computer recently announced its intention to build a factory in India, joining those it already has in China and Malaysia. In fact, the Indian manufacturing sector expanded 9% last year, a key reason why the country posted economic growth...